The date palm has been a “Tree of Life” in the Middle East, providing ...

Distillation shapes a spirit’s flavor, aroma, and texture by removing unwanted compounds while concentrating ethanol and desirable characteristics. Different methods — such as pot still, column still, ...

Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...

The geopolitical conflict in the Middle East is driving oil higher. Oil could stay at current levels, rise further, or fall. The energy sector has been upended by the geopolitical conflict unfolding ...

Oil prices were little changed on Monday as investors weighed U.S. and Iranian threats to target energy facilities that could escalate the war against the release of millions of barrels of Iranian oil ...

The U.S. Treasury has authorized the purchase of Iranian oil that's already at sea, exempting buyers from the tight sanctions that have restricted the country's oil industry for years — a move aimed ...

Oil prices pulled back Friday, but not because the market suddenly feels safe. This is more of a tactical breather than a trend change. Brent slipped back toward the $109 level, while WTI hovered in ...

The oil market remains worried about the Middle East supply disruption despite President Donald Trump's pivot to negotiations with Iran. Two Chinese container vessels tried to pass through the Strait ...

Crude oil inventories in the United States increased by 6.9 million barrels during the week ending March 20, according to new data from the U.S. Energy Information Administration (EIA) released on ...

Oil prices ticked up slightly on Friday after the Trump administration tried to calm markets, although prices remained lower than Thursday’s high of $119 a barrel. The S&P 500 fell sharply to close ...

The Trump administration lifted sanctions on Iranian oil stuck at sea on Friday evening as the conflict between the U.S. and Iran continues to hike up global energy costs. “Today, the Department of ...

American and European oil and gas companies are expected to earn a lot more as prices surge but are worried about the future. By Rebecca F. Elliott Reporting from Houston and New York Western ...